The Demand for Commodity Insurance by Developing Country Agricultural Producers: Theory and an Application to Cocoa in Ghana

Abstract

The paper considers the benefit to agricultural producers from commodity price insurance that provides in every year, but in advance of the resolution of production and price uncertainty, a minimum price for a fixed or variable portion of production. Under the assumption that producers do not change their long term production and income diversification… (More)

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Cite this paper

@inproceedings{Sarris2002TheDF, title={The Demand for Commodity Insurance by Developing Country Agricultural Producers: Theory and an Application to Cocoa in Ghana}, author={A. Sarris and Panos Varangis}, year={2002} }